Decision Management

Silicon Valley research firm cites Decision Management Solutions as a visual and business-friendly extension to digital business platforms Palo Alto, CA – June 22, 2017 Leading Decision Management consulting and decision modeling software provider, Decision Management Solutions, today announced that the company has been named a 2017 Hot Vendor in Digital Business Platforms by Aragon […]

Digital business provides new revenue and value-creating opportunities, helping organizations to: Improve customer engagement and retention with next best action marketing. Process more claims faster and more accurately. Reduce the cost and difficulty of regulatory compliance. and more. Next Best Action Digitizing, personalizing and improving customer interactions is critical to business growth, customer retention and […]

Kaiser Permanente is developing Clinical Decision Support systems using a combination of Decision Modeling, DecisionsFirst Modeler and IBM’s Business Rules Management System ODM. Their experience is that well-designed decision services can replace existing guideline documents. This is critical as guideline documents are expensive to develop (they involve significant investment from SMEs) and even good guidelines are of […]

The Decision Management Systems Platform Technologies Report began in early 2012 as a way to share our research and experience in building Decision Management Systems. Since then we have extended, updated and revised the report many times. This week we released the latest version – Version 8 – with a new, easier to use format. There is […]

Get out of the reporting quagmire, be explicit about decision making with decision modeling and integrate analytics in BI and operational systems. We’re Not There Yet “The activities of analytics teams and the investments made to support them aren’t in sync with what executives expect or desire.” International Institute for Analytics, February 2017 “If analytics does […]

Kaiser Permanente is developing clinical decision support (CDS) applications that automate real-time decision services using IBM ODM. Well-designed decision services can replace existing guideline documents in all areas of its business. Guidelines are expensive to develop as they involve significant investment from SMEs. Even good guidelines are of limited use for real-time decision-making, especially if […]

One of my LinkedIn contacts recently pointed to this great little article on HBR – How to Tell If Machine Learning Can Solve Your Business Problem – and it makes some points that show the potential for decision modeling to help you better apply machine learning and other analytic techniques. The author begins by pointing out that automation is […]

Experienced analytics or data science teams know that two key challenges for analytics projects are making sure you solve the real business problem (framing the problem) and making sure you can operationalize the result(deployment). In this post I am going to talk about framing the problem and I’ll follow-up with another on deployment.

One of the best ways to think about framing is to consider the questions the analytic team should get answers to before they start building a model:

The sixth and final in the series of short videos about Decision Modeling is focused on some real-world examples of the value of decision modeling. Jan Purchase and I developed these videos while working on a new book – Available now! – Real-World Decision Modeling with DMN: